Rob Simone News Today

Healthcare

Inside the financial scheme that's crippling America's healthcare providers

Inside the financial scheme that's crippling America's healthcare providers

Steward operates more than 30 hospitals nationwide, and its finances are deeply entangled with one of the largest owners of hospital real estate in the country, raising questions about how Steward's financial problems could impact hospitals in several states.

Overall, the firm provides around 10 per cent of NHS mental healthcare beds and reported that it made over 90 per cent of its revenue from public organisations last year.

Overall, the firm provides around 10 per cent of NHS mental healthcare beds and reported that it made over 90 per cent of its revenue from public organisations last year.

MPT buys the real estate assets of hospitals, then leases them back to health systems. The deal does not seem to have benefited CT hospitals.

Texas Vista's owner, Steward Health Care, is shutting down the hospital six years after purchasing it with the help of private equity investors.

Delaware County Memorial closed last fall after private equity investors siphoned millions of dollars.

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